Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Container shipping lines are looking for a hike in Asia-Europe spot freight rates, announcing a ...
There is no denying Rolf Habben Jansen and his team have done a superb job turning around Hapag-Lloyd’s fortunes since its IPO in late 2015.
Priced at the low end of guidance then (€20), its stock is up 1,519% in less than seven years. Thanks to Covid-19 and a very committed workforce around the globe, the German carrier now appears in all its splendour, operationally, while financially boasting a market value of almost €57bn ($63bn).
But share prices are occasionally meaningless.
At Friday’s close, ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
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